STAR India and Zee’s decision to form a distribution joint venture will significantly impact the Indian distribution scenario. In what is seen as a “monopoly” of sorts, it is expected that more players will join in. Essel Group’s Arun Kapoor is said to be leading this venture.
Sistema Shyam TeleServices Ltd (SSTL) that operates its telecom services under the MTS brand with over 11 million wireless customers today announced that there is a restructuring of top management of the company. The company is forming regional structures to help continue to grow at a fast pace across the country.